GGX GOLD retains Investor Relations Services And has arranged a Private Placement _________________________________________________________________________
TSX-V: GGX
GGX GOLD retains Investor Relations Services
And has arranged a Private Placement
_________________________________________________________________________
Vancouver, British Columbia – April 10 , 2017 – GGX Gold Corp (TSXV: GGX)
(the“Company” or “GGX”) is pleased to announce the engagement of Mr. Jack Singh to
perform investor relations services for the Company, subject to TSX Venture Exchange approval.
Mr. Singh has been retained to assist the Company with a strategic mix of corporate
communications and investors relations services to increase investor awareness and introduce the
Company to private investors, analysts, brokers, fund managers, and other key influencers in the
mining industry and the investment community. The contract wil l be effective April 10th, 2017
for a period of upto twelve months, Mr. Singh will receive $3,500. per month.
As well the company has arranged a non-brokered private placement of 2 million units at a price
of $0.075 cents per unit for gross proceeds of $150,000. The units of the financing will comprise
of one common share and a full share purchase warrant, which may be exercised for a period of
five years at a price of $0.10 per share. The term of the warrants may be accelerated in the event
that the issuer's shares trade at or above a price of $0.15 cents per share for a period of 10
consecutive days. In such case of accelerated warrants, the issuer may give notice, in writing or
by way of news release, to the subscribers that the warrants will expire 30 days from the date of
providing such notice. Directors, officers or other insiders of the Company may participate in the
foregoing offerings, and such parties may sell securities of the Company owned or controlled by
them personally through the facilities of the TSX Venture Ex change to finance participation in
such offerings.
A finder's fee may be paid to eligible finders in accordance to the TSX -V policies. All securities
issued pursuant to the offering will be subject to a hold period of four months and one day from
the date of closing. The offerings and payment of finders' fees are both subject to approval by the
TSX-V.
The Company also announces it has granted 900,000 options at an exercise price of $0.08. The
options are exercisable for five years and will be cancelled 30 days after cessation of acting as
director, officer, employee or consultant of the Company.
On Behalf of the Board of Directors
Barry Brown, Director
604-488-3900
Forward Looking Information
This news release includes certain statements that constitute “forward-looking information ”
within the meaning of applicable securities law, including without limitation, the Company ’s
information and statements regarding or inferring the future business, operations, financial
performance, prospects, and o ther plans, intentions, expectations, estimates, and beliefs of the
Company. Such statements include statements regarding the completion of the proposed
transactions. Forward-looking statements address future events and conditions and are
necessarily based upon a number of estimates and assumptions. These statements relate to
analyses and other information that are based on forecasts of future results, estimates of amo unts
not yet determinable and assumptions of management. Any statements that express or involve
discussions with respect to predictions, expectations, beliefs, plans, projections, objectives,
assumptions or future events or performance (often, but not alwa ys, using words or phrases such
as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”,
“estimates” or “intends”, or stating that certain actions, events or results “may”, “could”,
“would”, “might” or “will” be ta ken, occur or be achieved), and variations of such words, and
similar expressions are not statements of historical fact and may be forward -looking statements.
Forward-looking statement are necessarily based upon several factors that, if untrue, could cause
the actual results, performances or achievements of the Company to be materially different from
future results, performances or achievements express or implied by such statements. Such
statements and information are based on numerous assumptions regarding present and future
business strategies and the environment in which the Company will operate in the future,
including the price of gold and other metals, anticipated costs and the ability to achieve goals ,
and the Company will be able to obtain required l icenses and permits. While such estimates and
assumptions are considered reasonable by the management of the Company, they are inherently
subject to significant business, economic, competitive and regulatory uncertainties and risks
including that resource exploration and development is a speculative business; that
environmental laws and regulations may become more onerous; that the Company may not be
able to raise additional funds when necessary; fluctuating prices of me tals; the possibility that
future exp loration, development or mining results will not be consistent with the Company ’s
expectations; operating hazards and risks; and competition . There can be no assurance that
economic resources will be discovered or developed at the Gold Drop Property. Accordingly,
actual results may differ materially from those currently anticipated in such statements. Factors
that could cause actual results to differ materially from those in forward looking statements
include continued availability of capital and finan cing and general economic, market or business
conditions, the loss of key directors, employees, advisors or consultants, equipment failures,
litigation, competition, fees charged by service providers and failure of counterparties to perform
their contractu al obligations. Investors are cautioned that forward -looking statements are not
guarantees of future performance or events and, accordingly are cautioned not to put undue
reliance on forward -looking statements due to the inherent uncertainty of such statem ents. The
forward-looking statements included in this news release are made as of the date hereof and the
Company disclaims any intention or obligation to update or revise any forward -looking
statements, whether as a result of new information, future event s or otherwise, except as
expressly required by applicable securities legislation.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.